Baltic dry index: Iron market revival

Market News

Iron Investing News reports iron-ore market see optimism with the rise in BDI. “Indications are that miners have been selling more iron ore on the spot market, less expensive to steel producers than tonnage at contracted prices” said investment bank Dahlman Rose. The iron ore price on the spot market has increased $4 to $63/tonne …

Iron Investing News reports iron-ore market see optimism with the rise in BDI.

“Indications are that miners have been selling more iron ore on the spot market, less expensive to steel producers than tonnage at contracted prices” said investment bank Dahlman Rose. The iron ore price on the spot market has increased $4 to $63/tonne this month.

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